# US Bitcoin ETFs post $1.28 billion in weekly outflows

<https://kriptometa.com/en/us-bitcoin-etfs-weekly-outflows-1-28-billion>

Author: Hatice Ertaş
Language: English

Published: 2026-11-09T10:30:05+03:00

Updated: 2026-11-09T10:30:05+03:00

![Copper strips extend from a Bitcoin sculpture across a sunlit floor, with a silver Ethereum sculpture behind it.](https://kriptometa.com/uploads/abd-de-bitcoin-etf-lerinden-bir-haftada-milyar-dolar-cikti-2399d4b4bcc3_article.webp)

## Key takeaways

- BlackRock’s Bitcoin fund, IBIT, recorded withdrawals in all five sessions.
- Fidelity’s FBTC finished the week with $93.1 million in net inflows despite $199.9 million leaving on Thursday.
- Wednesday, November 4, was the only session in which both groups of funds took in money on a net basis.

Net withdrawals from US spot Bitcoin funds rose more than sixfold in the first trading week of November. Investors also pulled a net $365 million from US Ethereum funds over the same five sessions.

US [spot Bitcoin ETFs](https://kriptometa.com/en/glossary/spot-bitcoin-etf) recorded $1.2817 billion in net outflows from November 2 through November 6. [Farside Investors’ daily figures](https://farside.co.uk/bitcoin-etf-flow-all-data/) put withdrawals from BlackRock’s iShares Bitcoin Trust (IBIT) at $1.2095 billion, the largest outflow of any fund.

The funds had recorded $202.4 million in net withdrawals [the previous week](https://kriptometa.com/en/bitcoin-77000-etf-643-million-outflow). Investors had pulled $643.2 million in a single session on October 30, after putting a net $440.8 million into the funds over the preceding four days. In the first week of November, money left the funds on four of five trading days.

## Which funds saw the largest withdrawals?

Investors pulled $405.3 million from IBIT on Monday and $403 million on Friday. They also withdrew $201.2 million on Wednesday. Fidelity’s FBTC took in $236.7 million that day, helping lift net inflows across all Bitcoin funds to $74.6 million.

[Farside Investors’ November 7 breakdown of weekly flows by fund](https://x.com/FarsideUK/status/2118992057351983165)



Investors pulled $61 million from Grayscale’s GBTC and $52.6 million from its Bitcoin Mini Trust (BTC) over the week. EZBC, HODL and ARKB saw outflows of $32.9 million, $23.6 million and $19.1 million, respectively. Bitwise’s BITB took in $16.6 million, while BTCO added $4 million and MSBT added $3.3 million. BRRR and BTCW each ended the week with zero net flow.

## Bitcoin and Ethereum funds shed $1.04 billion in two days

Bitcoin funds recorded their largest daily net outflow on Thursday, at $430.2 million. Another $411.9 million left on Friday, bringing the two-day total to $842.1 million. A further $193.2 million left Ethereum funds over those two days. Across the full five sessions, combined outflows from the two groups came to nearly $1.65 billion.

Daily net flows for US spot ETFs, November 2–6, 2026 (US$ millions). Negative figures indicate net outflows. Source: Farside Investors.
| Date | Bitcoin | Ethereum |
|---|---|---|
| Nov 2 | −398.6 | −139.7 |
| Nov 3 | −115.6 | −85.3 |
| Nov 4 | +74.6 | +53.0 |
| Nov 5 | −430.2 | −99.9 |
| Nov 6 | −411.9 | −93.3 |
| Week total | −1281.7 | −365.2 |

[Farside’s Ethereum data](https://farside.co.uk/ethereum-etf-flow-all-data/) put the week’s net withdrawals at $365.2 million, the sixth consecutive week of outflows. Investors pulled $345.9 million from BlackRock’s ETHA and $47.9 million from its ETHB fund. Fidelity’s FETH took in $15.3 million. Across [the full month of October](https://kriptometa.com/en/ethereum-etf-october-2026-net-outflows), Ethereum funds had recorded $1.61 billion in net withdrawals.

## What happens when an investor sells a share?

An investor can buy shares on an exchange to track the price of bitcoin without holding BTC in a personal wallet. According to [iShares’ description of IBIT](https://www.ishares.com/us/products/333011/ishares-bitcoin-trust-etf), its shares are designed to reflect the value of the trust’s bitcoin after expenses and liabilities. The price a buyer and seller agree on can differ from the value of the bitcoin each share represents.

When one investor sells shares to another, the buyer pays the seller. To return shares directly to IBIT, a broker-dealer needs an agreement with the trust’s sponsor and trustee. It delivers shares in large blocks called baskets. The value of shares changing hands measures trading volume. The value of new shares issued less the value of shares redeemed gives the [net flows into or out of the fund](https://kriptometa.com/en/how-to-read-bitcoin-etf-flows).

In an [October 28 explainer](https://www.youtube.com/watch?v=JtS7lyUHQoc), BlackRock Australia describes how authorized participants change the number of ETF shares outstanding by creating or redeeming them. Farside reports totals for each fund. Individual sellers, their purchase prices and their returns do not appear in the data.
